Technical textiles are specialized textile products designed for specific applications rather than for general apparel or decoration. They are engineered for functionality and performance in various industries and are used for their technical properties, such as strength, durability, protection, or specific behaviors under different environmental conditions. These textiles are often made from high-performance fibers, sometimes… Read More »
India is getting ready to step into a new era of economic growth. Technology is changing how Indian businesses trade with other countries. This blog talks about how technology is making import-export processes easier and creating new chances for Indian companies. The Current State of Indian Trade Import-export is very important for India’s economy. It… Read More »
Do you want to understand the difference between a bill of lading and a waybill? Keep reading! When you ship goods by sea, you deal with lots of paperwork. But the two main documents you need to know about are the bill of lading and the waybill. People often mix them up, but they each… Read More »
A trade surplus signifies a favorable trade balance, where a nation’s exports exceed its imports. This condition is determined by a simple computation: Trade Surplus = Total Value of Exports − Total Value of Imports When the result is positive, indicating that a nation exports more than it imports, a trade surplus exists. Conversely, when… Read More »
The global economy has had a tough time in the 2020s. In March, most countries were locked down because of COVID-19, messing up the supply chain for two years. When things were getting better, another problem came up with Russia invading Ukraine in February 2022. The European Union and other countries put restrictions on Russia,… Read More »